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Home All Events Atlantis Finance Boardroom Launch

Date

Jan 19 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 19 2023
  • Time: 1:00 pm

Status

Active

Atlantis Finance Boardroom Launch

New algorithmic stablecoin pegged 1:1 to FISH (SwapFish) on Arbitrum.

DETAILS
  • Boardroom
    • Stake WHALE in the Boardroom to earn AFISH rewards
    • During expansion, newly minted AFISH rewards will be distributed as follows;
      • 70% — Reward for Boardroom stakers
      • 15% — DAO fund
      • 15% — DEV fund
    • Boardroom only prints new AFISH tokens when TWAP > 1.01
    • Epoch duration: 6 hours
    • Staked WHALE is locked for 6 epochs and AFISH rewards locked for 2 epochs, as per the contract (every deposit/claim/withdrawal resets the lockup timer)
    • 1% staking fee and 0% unstake fee during expansion
  • Tokens
    • $AFISH is the algo-stable, pegged 1:1 to FISH
      • Initial supply: 100,001
        • 100,000 — Genesis rewards
        • 1 — Pre-mint for initial liquidity
    • $WHALE is the shares token
      • Total supply: 100,001
        • 70,000 — Farming rewards (vested linearly over 365 days)
        • 20,000 — DAO fund (vested linearly over 365 days – 54.8 WHALE/day)
        • 9,999 — Dev fund (vested linearly over 365 days – 27.4 WHALE/day)
        • 1— Pre-mint for initial liquidity
    • $BFISH is bond token
    • Contract ownership renounced on $AFISH [tx] and $WHALE [tx] contracts

Blockchain

Arbitrum

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